Today's View - November 16, 2017 - New Market Md. townhouse market

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – November 16,  2017 – New MarketMd. 21774 – Townhouses

This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (11/16/17) there are 6 such homes on the market FOR SALE, another 4 under contract, and 3 that havs successfully completed the sales process in the last 30 days. Thus the absorption rate (6/3) shows a 2 months inventory, what is to be considered a sellers market.

 

Three Bedrooms

There are 4 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The currently list price of these homes ranges from $309,900 to $440,735; with the median being $420,000.  The days on market for these homes ranges from 2 weeks (13 days) to approaching 2 months (50 days); with the median being 3 weeks (23 days).

There are 4 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of these homes ranges from $249,900 to $272,000; with the median being $269,950.  The days on market for these homes ranges from new to the market (1 day) to 2 months (62 days); with the median approaching 1.5 month (41 days).

In the last 30 days, 2 three-bedroom townhouses in New Market has successfully completed the sale process.  The closing price of these homes being $255,000 after being on the market for 10 months (301 days) and $290,000 after being on the market for 1 month (31 days).

 

Four Bedrooms

There are 2 four-bedroom townhouses in New Market currently on the market for sale.  The current list price of these homes being $322,500 after being on the market for 2 weeks (14 days) and $331,200 after being on the market for approaching 2 weeks (11 days).

There are currently no four-bedroom townhouses in New Market, Md. under contract.

In the last 30 days, 1 four-bedroom townhouse has successfully completed the sale process.  This home sold for $310,000 after being 3 weeks (19 days)

 

If you have any questions about this report, please call me or send me an email.  I look forward to helping you with your real estate needs. 

Posted by

Robert J. Force
Weichert Realtors - New Colony
141 S Main Street #202             
Mount Airy, Md. 21771 

            
(301) 237-2277  (c)
(301) 703-8605  (O)
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Hope this was of some value to you.

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May this FORCE be with you

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nov 2017

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Rainmaker
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good afternoon Bob Force (REALTOR®) 

Thank you for sharing yoour information with us.

Have a great day 11/16/2017.

Nov 16, 2017 12:44 PM #1
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Rainmaker
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Bob Force (REALTOR®)

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